Ottawa, IL
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
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The Ottawa, IL market is currently classified as Accelerated, with a pending ratio of 0.62 indicating a significant absorption of available inventory. This condition is observed despite an 18.3% year-over-year increase in active listings, suggesting robust demand. The median listing price has shown marginal stability with a 0.2% year-over-year increase.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Ottawa market right now.
Active listings have expanded considerably, up 18.3% over the past year, complemented by a substantial 30.1% rise in new listings. Despite this growth in supply, the pending ratio of 0.62 reflects strong absorption dynamics. Median listing price registered a modest 0.2% increase year-over-year, while the median days on market saw a slight reduction of 1.1% over the same period. The price-reduced share saw a slight increase of 0.8% year-over-year, indicating some price adjustments.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
In this Accelerated market, the strong absorption reflected by the pending ratio of 0.62 suggests that properties are moving at a relatively quick pace. The increasing inventory, particularly new listings, provides more options for prospective buyers but demand remains firm. Negotiating leverage will be influenced by the ongoing pace of transactions and the specific characteristics of individual properties within this expanding supply environment.
The average listing price in this market has declined by 2.1% year-over-year, outpacing the slight median price increase. Median price per square foot also decreased by 1.6% year-over-year, signaling some price discipline at potentially higher tiers. This suggests a nuanced performance where higher-priced segments may be experiencing some softening compared to the broader market.
330 active listings represent the current floor, with new supply arriving at roughly 190 per month.
of active listings carry a price reduction, +0.8% from prior period.
Median price per square foot has moved -1.6% year-over-year.
Pending-to-active ratio — Accelerated.
Recommended For This Market
AcceleratedSelling in Ottawa, IL? Inventory is up 18% from last year.
Demand in Ottawa, IL is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.
- Buyer Demand Index
- 62%
- Median Days on Market
- 47 days
- Inventory YoY
- +18%
Demand is strong in Ottawa, IL. Check your Sold Score before you price — conditions this favorable don't hold forever.
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Metro Demographics
ZIPs in Ottawa, IL
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